RaySearch Laboratories AB (LTS:0GRZ) E10: kr2.94 (As of Mar. 2026)


LTS:0GRZ RaySearch Laboratories AB LTS:0GRZ
83 GF Score
Price kr232.20
GF Value kr188.99
Valuation Modestly Overvalued
! 2 Warning Signs
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What is RaySearch Laboratories AB E10?

RaySearch Laboratories AB LTS:0GRZ +3.20% 83 E10 is kr2.94 as of Mar. 2026. GuruFocus rates LTS:0GRZ with a GF Score™ of 83/100 and a GF Value™ of kr188.99 (Modestly Overvalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

RaySearch Laboratories AB's adjusted earnings per share data for the three months ended in Mar. 2026 was kr1.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr2.94 for the trailing ten years ended in Mar. 2026.

During the past 12 months, RaySearch Laboratories AB's average E10 Growth Rate was 16.50% per year. During the past 3 years, the average E10 Growth Rate was 18.10% per year. During the past 5 years, the average E10 Growth Rate was 13.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of RaySearch Laboratories AB was 18.10% per year. The lowest was -3.40% per year. And the median was 4.85% per year.

As of today (2026-07-03), RaySearch Laboratories AB's current stock price is kr232.20. RaySearch Laboratories AB's E10 for the quarter that ended in Mar. 2026 was kr2.94. RaySearch Laboratories AB's Shiller PE Ratio of today is 78.98.

During the past 13 years, the highest Shiller PE Ratio of RaySearch Laboratories AB was 161.30. The lowest was 26.56. And the median was 58.67.


RaySearch Laboratories AB  (LTS:0GRZ) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

RaySearch Laboratories AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=232.20/2.94
=78.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of RaySearch Laboratories AB was 161.30. The lowest was 26.56. And the median was 58.67.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


RaySearch Laboratories AB E10 Related Terms


RaySearch Laboratories AB E10 Historical Data

* Premium members only.

The historical data trend for RaySearch Laboratories AB's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

RaySearch Laboratories AB E10 Chart

RaySearch Laboratories AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 1.73 2.13 2.43 2.89

RaySearch Laboratories AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.55 2.65 2.79 2.89 2.94

LTS:0GRZ vs VEEV, BTSG, TEM: E10 Comparison

For the Health Information Services subindustry, RaySearch Laboratories AB's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RaySearch Laboratories AB Shiller PE Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, RaySearch Laboratories AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where RaySearch Laboratories AB's Shiller PE Ratio falls into.


LTS:0GRZ
83GF Score
RaySearch Laboratories AB LTS:0GRZ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RaySearch Laboratories AB E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, RaySearch Laboratories AB's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.55/133.5600*133.5600
=1.550

Current CPI (Mar. 2026) = 133.5600.

RaySearch Laboratories AB Quarterly Data

per share eps CPI Adj_EPS
201606 0.840 101.019 1.111
201609 0.840 101.138 1.109
201612 2.220 102.022 2.906
201703 0.770 102.022 1.008
201706 0.590 102.752 0.767
201709 -0.030 103.279 -0.039
201712 2.110 103.793 2.715
201803 0.340 103.962 0.437
201806 0.600 104.875 0.764
201809 0.390 105.679 0.493
201812 0.950 105.912 1.198
201903 0.500 105.886 0.631
201906 0.640 106.742 0.801
201909 -0.220 107.214 -0.274
201912 0.550 107.766 0.682
202003 1.180 106.563 1.479
202006 -0.270 107.498 -0.335
202009 -0.760 107.635 -0.943
202012 -0.410 108.296 -0.506
202103 0.210 108.360 0.259
202106 -0.480 108.928 -0.589
202109 -0.640 110.338 -0.775
202112 -0.470 112.486 -0.558
202203 0.560 114.825 0.651
202206 -0.580 118.384 -0.654
202209 0.290 122.296 0.317
202212 0.410 126.365 0.433
202303 0.510 127.042 0.536
202306 0.320 129.407 0.330
202309 0.630 130.224 0.646
202312 0.920 131.912 0.931
202403 1.070 132.205 1.081
202406 1.790 132.716 1.801
202409 1.320 132.304 1.333
202412 1.750 132.987 1.758
202503 1.660 132.825 1.669
202506 0.900 133.699 0.899
202509 2.090 133.480 2.091
202512 2.000 133.390 2.003
202603 1.550 133.560 1.550

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of kr2.94 mean?
RaySearch Laboratories AB (LTS:0GRZ) has a E10 of kr2.94 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on RaySearch Laboratories AB and its competitors.
Is RaySearch Laboratories AB's E10 too high?
RaySearch Laboratories AB's current E10 is kr2.94. Overall, RaySearch Laboratories AB has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RaySearch Laboratories AB's E10 compare to VEEV and BTSG?
RaySearch Laboratories AB's E10 of kr2.94 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Healthcare Providers & Services company?
A good E10 depends on the Healthcare Providers & Services industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on RaySearch Laboratories AB and its competitors. RaySearch Laboratories AB's current E10 is kr2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RaySearch Laboratories AB stock overvalued right now?
Based on GuruFocus' analysis, RaySearch Laboratories AB (LTS:0GRZ) is currently considered Modestly Overvalued. The stock's GF Value™ is kr188.99, compared to a current price of kr232.20 — trading 22.9% above its estimated fair value. The current E10 is kr2.94. RaySearch Laboratories AB's overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For RaySearch Laboratories AB (LTS:0GRZ), the current E10 is kr2.94 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is RaySearch Laboratories AB (LTS:0GRZ) Overvalued in 2026?

Based on GuruFocus' analysis, RaySearch Laboratories AB stock appears to be overvalued. The current stock price of kr232.20 is trading 22.9% above its estimated GF Value™ of kr188.99. GuruFocus considers RaySearch Laboratories AB to be Modestly Overvalued.

Key valuation signals for LTS:0GRZ:

  • E10: kr2.94
  • GF Value™: kr188.99 vs. price of kr232.20 (22.9% above fair value)
  • GF Score™: 83/100 with 2 warning signs

No single metric tells the full story. See the LTS:0GRZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RaySearch Laboratories AB Business Description

Address Eugeniavagen 18C, Stockholm, SWE, 113 68
RaySearch Laboratories AB is a Sweden-based medical technology company. The company develops software solutions for improved cancer treatment. The company develops and markets the RayStation treatment planning system and RayCare oncology information system to clinics all over the world and distributes products through licensing agreements with medical technology companies. Its geographic segments consist of the Americas, Asia-Pacific & Middle East, Europe, and the rest of world.
83GF Score

Get the complete analysis for LTS:0GRZ

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr232.20
Price
kr188.99
GF Value